Indianapolis Colts wide receiver Pierre Garcon recently rejected a five-year contract offer from the team, according to ESPN. Garcon is scheduled to become an unrestricted free agent on March 13.

The Colts hope to re-sign either Garcon or defensive end Robert Mathis and then use the franchise tag on the other player.

Pierre Garcon produced 70 receptions for 947 yards and a team-high six touchdowns last season. (AP Photo)

Garcon, 25, produced 70 receptions for 947 yards and a team-high six touchdowns last season, which were good numbers considering he was teaming up with Curtis Painter and Dan Orlovsky, not Peyton Manning.

Garcon’s catches and receiving yards have increased the past three years, which indicates he has some upside. A sixth-round pick in 2008, Garcon is not a No. 1 receiver but has some playmaking ability and could fit in well as a No. 2 or 3. In his four-year career, he has caught 188 passes for 2,519 yards (13.4 average) and 16 touchdowns.

The Sporting News rated him No. 71 on its list of the top 100 free agents in the 2012 class.